Market Musings
It's where I share all my best stuff about building wealth using simple, safe and stable options trading strategies.
Why I Opened a Bullish Options Trade on Alibaba (BABA)
On 24 Dec 2020, I shared a trade idea on BABA on our telegram community channel (if you are not a member yet, join our community for FREE).
Soon after the post, I received a note from one of our readers to help him/her understand why I took that trade (btw, thank you my reader for your kind words):
I decided to answer this via detailed post as many other readers might have similar question.
Here are the trade details:
- Underlying stock: BABA
- Type of Option: Call...
Fasten Your Seat Belts For The Final Countdown
US Presidential Election 2020 campaigns are in the final phase now. Get ready for the market volatility and use options for the opportunities at the same time.
Weekend is usually when I set aside certain hours to prepare for the upcoming week and review trading ideas. Also a time to review what worked and what didn't work. I strongly believe that Success is not a milestone, it is a journey and a constant evaluation, retrospect is necessary for a greater future.
So, how do you do this...
Option Market Wizards
Almost every traders knows who is Warren Buffett, George Soros, Ray Dalio, Bill Ackman or other billionaire Wall Street stock wizards ?
But what about the real traders from the Main Street?
Are there any success stories worth emulating?
Find out more as I answer this question by conversing with top real traders that I had good fortune of either mentoring or working with.
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